Advisor Alert: Our Attorneys Are Investigating David Michael Lademan For Investment Fraud
Did You Lose Money Because of David Lademan?
Filed: October 30, 2023
David Lademan currently has one (1) pending customer complaint. Overall, he has been the subject of six (6) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on David Michael Lademan.
Who Is David Michael Lademan?
- Advisor Name: David Michael Lademan
- Aliases: David M Lademan
- CRD: 2479077
- Location: Okemos, Michigan
- Current Employer: Currently Not Registered
- Previous Firms: LPL Financial LLC, Kalos Capital, Inc., and Madison Avenue Securities, Inc.
- Number of Known Customer Complaints: 6
- Can David Lademan Be Sued: Yes, in Private Arbitration
- Can David Lademan’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $500,000
- Highest Settlement: $116,249
If you have suffered investment losses by David Lademan, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against David Lademan For Broker Misconduct
As of this publication date, David Lademan has been the subject of 6 customer disputes. Let’s review them below.
In February 2022, a FINRA arbitration was filed against or in reference to David Lademan by a customer of Kalos Capital, Inc. alleging breach of Fiduciary Duty, unsuitable investments, negligent supervision, and breach of contract. Per the customer, he/she lost over $500,000 because of Mr. Lademan’s actions. On August 29, 2022, Mr. Lademan settled the claim for $17,500, and some or all of this amount may have been paid by Mr. Lademan’s employer and/or insurance carrier.
In December 2021, a FINRA arbitration was filed against or in reference to David Lademan by a customer of Kalos Capital, Inc. alleging false and misleading statements, omissions of material fact, breach of fiduciary duty, breach of express/implied contract, breach of duty of good faith and fair dealing, material misrepresentations and omissions, negligence and/or grossly negligence, and failure to supervise.
In December 2020, a FINRA arbitration was filed against or in reference to David Lademan by a customer of Kalos Capital, Inc. alleging unsuitable investment recommendations and failure to perform due diligence on GPB Capital Holdings. Per the customer, he/she lost over $200,000 because of Mr. Lademan’s actions. On January 18, 2021, Mr. Lademan settled the claim for $20,555, and some or all of this amount may have been paid by Mr. Lademan’s employer and/or insurance carrier.
In April 2020, a FINRA arbitration was filed against or in reference to David Lademan by a customer of Kalos Capital, Inc. alleging underperformance of a single investment. The client alleges that there was a failure to properly and thoroughly conduct due diligence. Per the customer, he/she lost over $200,000 because of Mr. Lademan’s actions. On January 18, 2021, Mr. Lademan settled the claim for $46,285, and some or all of this amount may have been paid by Mr. Lademan’s employer and/or insurance carrier.
In January 2020, a FINRA arbitration was filed against or in reference to David Lademan by a customer of Kalos Capital, Inc. alleging a single poor performing security. Allegations also include inadequate due diligence, unsuitable investment, and over concentration. On January 18, 2021, Mr. Lademan settled the claim for $116,249, and some or all of this amount may have been paid by Mr. Lademan’s employer and/or insurance carrier.
In May 2011, a complaint was filed against or in reference to David Lademan by a customer of Madison Avenue Securities, Inc. alleging misrepresentation. Per the customer, he lost over $9,125 because of Mr. Lademan’s actions.
How To File A Claim Against David Lademan (previously with LPL Financial LLC, Kalos Capital, Inc., and Madison Avenue Securities, Inc.) To Get Your Money Back.
If you have questions about David Lademan, LPL Financial LLC, Kalos Capital, Inc., Madison Avenue Securities, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.